News Details
US Grand Prix in jeopardy?
XPB Images
The US Grand Prix in Austin is facing uncertainty following an announcement by the State of Texas that will be cutting payments to the Circuit of the Americas this year by more than 20 percent. COTA has received significant funding from the State since 2012 - approximately $25 million - which is tied to the race's economic impact to the Texas region. This year's subsidy is expected to be reduced to $19 million. Given that COTA's sustained business model was based on government payouts, which were contractually agreed by Texas, any reduction in spending may put the venue's future in jeopardy according to its chairman Bobby Epstein. "To use a technical term, I...
Full Story »
Full Story »
You May Also Be Interested In...
Austin's F1 race is in jeopardy, no USGP again?
F1 News Austin's F1 race is in jeopardy, no USGP again? Formula1blog.com...
10y ago from Formula1Blog.com
Ladder to F1 has “fundamental problem”, says...
David Coulthard believes that the junior single-seater ladder has a...
10y ago from Motorsport.com
Red Bull to use new Renault engine in Brazil
Renault has confirmed that Red Bull will use its new Formula 1 engine at...
10y ago from Motorsport.com
How Did We Get Here or At What Point Did F1 Make A...
F1 News VIDEO: My hot laps with Sebastian Vettel in a Ferrari F12 Haas F1...
10y ago from Formula1Blog.com
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia ‘doesn't see a way out' of...
Francesco Bagnaia has labelled his 2026 MotoGP struggles 'humiliating and...
3h ago from MotorsportWeek.c...
Yamaha responds to Fabio Quartararo’s criticism and...
No description available...
6h ago from Motorsport.com
Pedro Acosta reveals the thing that stopped his...
Pedro Acosta admits concerns over tyre degradation stopped his hopes of...
7h ago from MotorsportWeek.c...
What was different about Jorge Martin’s struggles in...
No description available...
7h ago from Motorsport.com
Popular On IndyCarToday.com
VeeKay charges from 24th to podium at Milwaukee as...
No description available...
3h ago from Motorsport.com
David Malukas apologizes for disparaging Chevy comment
After finishing second in Sunday’s second IndyCar race from the...
18h ago from MotorsportWeek.c...
Mick Schumacher and and Romain Grosjean talk on pit...
No description available...
1d ago from Motorsport.com
David Malukas apologizes for 'childish' criticism he...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Sami Pajari makes WRC history with third consecutive...
No description available...
1d ago from Motorsport.com
Sami Pajari “stunned” by WRC record after third...
No description available...
1d ago from Motorsport.com
Sebastien Ogier apologises for “out of line”...
No description available...
1d ago from Motorsport.com
Hayden Paddon answers doubters with “proper” WRC...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
'Talks ongoing' – Arsenal could rival Man United...
Manchester United could reportedly face competition from Arsenal for a...
3h ago from CaughtOffside.com
Done deal: Newcastle United announce signing of...
Newcastle United have officially confirmed the signing of Matias...
2h ago from CaughtOffside.com
Journalist provides key Julian Alvarez transfer update...
Julian Alvarez reportedly looks to be heading towards staying at Atletico...
3h ago from CaughtOffside.com
Journalist confirms last-minute attempt from Arsenal...
Arsenal are looking to bring in an attacking signing before the summer...
4h ago from CaughtOffside.com
Comments
Hottest News
Aston Martin power struggle looms as Honda admit the...
Aston Martin look set for another tough weekend... Read More »
32m ago from GPFans.com
Carlos Sainz breaks silence on Audi transfer rumours amid...
Carlos Sainz has dismissed speculation linking... Read More »
42m ago from MotorsportWeek.com
Lewis Hamilton finally set to fulfil Michael Schumacher...
Ferrari have unveiled a new Michael Schumacher... Read More »
1h ago from GPFans.com
